NASDAQ:QXO QXO (QXO) Stock Price, News & Analysis $14.30 +0.59 (+4.30%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$13.39▼$14.4750-Day Range$10.75▼$123.9652-Week Range$10.61▼$290.00Volume1.35 million shsAverage Volume2.86 million shsMarket Capitalization$5.85 billionP/E RatioN/ADividend YieldN/APrice TargetN/A Stock AnalysisStock AnalysisChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get QXO alerts: Email Address QXO MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.22% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.90Based on 2 Articles This WeekInsider TradingSelling Shares$11.98 M Sold Last QuarterProj. Earnings Growth3.23%From $0.31 to $0.32 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.89 out of 5 starsBusiness Services Sector203rd out of 303 stocksData Processing & Preparation Industry36th out of 56 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for QXO.Read more about QXO's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.22% of the float of QXO has been sold short.Short Interest Ratio / Days to CoverQXO has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in QXO has recently decreased by 68.03%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldQXO does not currently pay a dividend.Dividend GrowthQXO does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for QXO. Previous Next 2.7 News and Social Media Coverage News SentimentQXO has a news sentiment score of 0.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 2 news articles for QXO this week, compared to 3 articles on an average week.Search Interest19 people have searched for QXO on MarketBeat in the last 30 days. This is an increase of 6% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added QXO to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, QXO insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $11,978,205.00 in company stock.Percentage Held by Insiders90.60% of the stock of QXO is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions58.68% of the stock of QXO is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about QXO's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for QXO are expected to grow by 3.23% in the coming year, from $0.31 to $0.32 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of QXO is -8.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of QXO is -8.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioQXO has a PEG Ratio of 2.08. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioQXO has a P/B Ratio of 12.43. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about QXO's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad True Gold RepublicChina Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… . Click here now to get your free 'De-Dollarization' Guide. About QXOQXO, Inc. operates as a business application, technology, and consulting company in North America. The company provides solutions for accounting and business management, financial reporting, enterprise resource planning, human capital management, warehouse management systems, customer relationship management, and business intelligence. It also offers value-added services that focuses on consulting and professional, specialized programming, training, and technical support services. In addition, the company provides information technology managed services, such as cybersecurity, application hosting, disaster recovery, business continuity, cloud, and other services; and data back-up, network maintenance, and upgrade services. It serves small and medium-sized businesses primarily in the manufacturing, distribution, and service industries. QXO, Inc. is headquartered in Greenwich, Connecticut.Read More QXO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart QXO Stock News HeadlinesAugust 30, 2024 | insidertrades.comMfn Partners, Lp Sells 795,894 Shares of QXO, Inc. (NASDAQ:QXO) StockSeptember 7 at 6:05 AM | msn.comEconomic worries back on Wall Street's radar after jobs dataSeptember 7, 2024 | True Gold Republic (Ad)China Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… . September 4 at 8:09 AM | bbc.co.ukKey findings from the Grenfell InquiryAugust 24, 2024 | fool.comThis CEO's Last Company Was a Millionaire-Maker. Could His Next Business Could Be Even Bigger?August 22, 2024 | fool.comWhy QXO Stock Shot Higher This WeekAugust 20, 2024 | 247wallst.com2 Cheap Growth Stocks That Can't Be IgnoredAugust 18, 2024 | finance.yahoo.comXPO Sep 2024 65.000 put (XPO240920P00065000)September 7, 2024 | True Gold Republic (Ad)China Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… . August 16, 2024 | money.usnews.com2024's 10 Worst-Performing StocksAugust 14, 2024 | globenewswire.comQXO Reports Second Quarter 2024 ResultsAugust 14, 2024 | bbc.comInflation rate rises for first time this year to 2.2%August 13, 2024 | finanznachrichten.deInspirato Incorporated: Inspirato Announces $10 Million Capital Infusion by One Planet Group, Appoints Payam Zamani as CEO and ChairmanAugust 13, 2024 | finance.yahoo.comBenchmark diesel price drops for a fifth week, but higher prices loomAugust 13, 2024 | finance.yahoo.comOppenheimer analysts see fertile ground for Jacobs’ plans at new venture QXOAugust 9, 2024 | morningstar.comQXO Inc QXOAugust 2, 2024 | msn.comThe Stock That Took Investors on a $90 Billion RideJuly 31, 2024 | marketwatch.comQXO Shares Drop 76% After New Shares are Registered -- UpdateSee More Headlines Receive QXO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for QXO and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/14/2024Today9/07/2024Next Earnings (Estimated)11/12/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Data processing & preparation Sub-IndustryBusiness Services Current SymbolNASDAQ:QXO CUSIPN/A CIK1236275 WebN/A Phone(888) 998-6000Fax973-758-6120Employees195Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)($1.76) Trailing P/E RatioN/A Forward P/E Ratio46.13 P/E Growth2.08Net Income$-1,070,000.00 Net Margins-3.75% Pretax Margin-4.87% Return on Equity0.51% Return on Assets0.24% Debt Debt-to-Equity RatioN/A Current Ratio61.83 Quick Ratio61.84 Sales & Book Value Annual Sales$54.52 million Price / Sales107.39 Cash Flow$0.10 per share Price / Cash Flow148.30 Book Value$1.15 per share Price / Book12.43Miscellaneous Outstanding Shares409,430,000Free Float62,000Market Cap$5.85 billion OptionableOptionable Beta2.31 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key CompetitorsTransUnionNYSE:TRUAerCapNYSE:AERRentokil InitialNYSE:RTOGFL EnvironmentalNYSE:GFLRB GlobalNYSE:RBAView All CompetitorsInsiders & InstitutionsMfn Partners, LpSold 795,894 sharesTotal: $11.98 M ($15.05/share)Driehaus Capital Management LLCBought 2,241,622 shares on 8/16/2024Ownership: 337.594%Millennium Management LLCBought 2,219,158 shares on 8/15/2024Ownership: 334.211%Renaissance Technologies LLCBought 6,020 shares on 8/9/2024Ownership: 0.912%View All Insider TransactionsView All Institutional Transactions QXO Stock Analysis - Frequently Asked Questions How have QXO shares performed this year? QXO's stock was trading at $41.74 on January 1st, 2024. Since then, QXO stock has decreased by 65.7% and is now trading at $14.30. View the best growth stocks for 2024 here. How were QXO's earnings last quarter? QXO, Inc. (NASDAQ:QXO) posted its earnings results on Wednesday, August, 14th. The company reported $3.22 earnings per share (EPS) for the quarter. The business had revenue of $14.54 million for the quarter. QXO had a negative net margin of 3.75% and a positive trailing twelve-month return on equity of 0.51%. When did QXO's stock split? QXO shares split on the morning of Saturday, January 1st 2000. The 8-1 split was announced on Saturday, January 1st 2000. The newly issued shares were payable to shareholders after the closing bell on Thursday, June 6th 2024. An investor that had 100 shares of stock prior to the split would have 800 shares after the split. Who are QXO's major shareholders? Top institutional investors of QXO include Driehaus Capital Management LLC (337.59%), Millennium Management LLC (334.21%) and Renaissance Technologies LLC (0.91%). View institutional ownership trends. How do I buy shares of QXO? Shares of QXO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:QXO) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A inv...Mode Mobile | SponsoredBiden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! 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